If we go by the per unit price mentioned in Zauba data and use our experience then Lumia 532 may get priced around Rs 6999 to 7499. Coming to when it will be released, Lumia 532 is already listed at official Microsoft shop and we can expect a release in 2-3 weeks, considering not much stock has arrived yet.
With its 5 MP camera, 5 MP FFC, Glance screen and Quad-core processor Lumia 532 packs lots of punch for the price it is expected to command.
Read how Lumia 453 and Lumia 532 compare to each other here.
Thanks Shivam for the tip. Cheers!!